The US Department of Justice (DOJ) imposed sanctions, claiming that the China-based network used cryptocurrency wallets to continue the drug trade.
In a statement issued by the DOJ on October 3, based in china several chemical manufacturers and using fenthalin illegally The sanctions imposed on the network that produces and sells were included.
While DOJ stated that the network found to be related to the sale of precursor chemicals used in drug production was collapsed, the Sanctioned 16 cryptocurrency wallets.
This is the statement made by DOJ Illegal companies’ use of cryptocurrencies The following statements were made regarding:
These China-based chemical companies often attempt to evade law enforcement by using reshippers in the United States, fake return labels, fake invoices, fraudulent postage, and packaging that conceals the true contents of the packages and the identity of the distributors. These companies use cryptocurrency to hide their identity and the location and movement of their funds. tends to use operations.
Deputy Minister of Treasury Wally Adeyemo In his statement on the subject, the cryptocurrency wallets in question is blocked emphasized:
We have identified and blocked more than a dozen cryptocurrency wallets associated with these actors. Blocked wallets that received millions of dollars in funds from hundreds of deposits demonstrate the scope and scale of the targeted operation today.
Recently, US officials Sinaloa affiliated with a cartel Ethereum (ETH) He also imposed sanctions on his wallet.